June 13, 2017
Morning all.. Wall St was lower and tech stocks down but a late rally helped calm nerves somewhat. The S&P closed down 0.1% and NASDAQ down 0.5% after a weak start. Markets were extremely quiet in Asia as many await the Fed decision tomorrow with the Nikkei basically unchanged ont he day and a bounce… View Article
June 12, 2017
In European Equity Markets stocks were hit on Monday by big falls in Apple suppliers and other tech shares, overshadowing well-received election results in France and Italy. Shares in chipmakers STMicro, Dialog and AMS all fell between 6.7 percent to 9.2 percent following heavy losses in U.S. and Asian peers. The pan-European index STOXX 600 closed… View Article
June 12, 2017
GBP/USD Update – 12/06/2017 (10:50am): Sticking with the UK and GBP: A lot of uncertainty in the near term however, with 19th June the first Brexit negotiations date with EU. This week is busy for UK, with BoE on Thursday – with 7-1 votes expected with Forbes last meeting and only dissenter. Ahead of that… View Article
June 12, 2017
In Asian Equity Markets Japan’s Nikkei share average ended lower on Monday, dragged down by declines in technology shares after their U.S. counterparts were sold off sharply in the previous session. The Nikkei ended down 0.5 percent at 19,908.58. The broader Topix was flat at 1,591.55. MSCI’s broadest index of Asia-Pacific stocks outside Japan was down 0.8 percent,… View Article
June 12, 2017
Morning all.. Hope you all had a great weekend..Wall St had a mixed close on Friday with the S&P just down marginally but the NASDAQ was down almost 2%. Tech stocks saw a rather concerning bout of profit taking. In Asia the Nikkei closed down 0.56%and HK down 1.15%. Technology companies on the MSCI Asia… View Article
June 10, 2017
In European Equity Markets stocks were choppy on Friday after Britain’s election delivered no clear winner on the eve of Brexit talks, though a slump in sterling gave an edge to shares in UK exporters. The pan-European STOXX 600 index ended the session 0.3 percent higher, having moved in and out positive territory throughout the day, while… View Article
June 9, 2017
In Asian Equity Markets stocks were mixed, but UK-exposed stocks were down across most markets. Hong Kong’s Hang Seng was down 0.3 per cent. Among the worst performers were UK-exposed businesses owned by billionaire Li Ka-shing, with Power Assets down 1.4 per cent, Cheung Kong Infrastructure off 1.8 per cent and CK Hutchison down 1.3 percent…. View Article
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